Governor David Patterson announced on September 2 that the state will offer up $10 million in Restore NY funds towards the rehabilitation of Sunset Park’s Bush Terminal. The funds will go to demolition, asbestos removal, utility upgrades and new construction, according to the Governor’s press release.

The development of Bush Terminal will benefit the area by generating private investment, jobs and taxes, according to the Governor’s office. The monies slated for the Brooklyn waterfront is a portion of the $153.6 million that the state will distribute communities across the State as part of the third round of the Restore NY grant program.

You’re very welcome, Fo. I asked about the $10 million and the park when spoke to Jeremy Laufer, Community Board Manager today. He said that the money from Restore NY is slated for the buildings, not the park. However, the Board is driving to get the monies to make the park happen. I’ll dedicate a quick post to this soon with a bit more detail.